IGNOU and ICMAI Jointly Introduce Diploma in Agricultural Cost Management; Admission Open @ignouadmission.samarth.edu.in


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IGNOU & ICMAI jointly offer Diploma in Agricultural Cost Management. Candidates can apply for the July 2024 session on the official website @ignouadmission.samarth.edu.in.

IGNOU and ICMAI Jointly Introduce Diploma in Agricultural Cost Management

New Delhi: Indira Gandhi National Open University (IGNOU) and the Institute of Cost Accountants of India (ICMAI) have collaboratively introduced a Diploma in Agricultural Cost Management (DACM). The admission for the July 2024 session is open @ignouadmission.samarth.edu.in. 

This program provides an extensive syllabus aimed at equipping participants for diverse positions within the agricultural domain, spanning farm administration, entrepreneurship, and managerial roles. Its objective is to educate and train participants in inefficient farm cost management, thereby boosting agricultural output.

Who is Eligible for IGNOU Diploma in Agricultural Cost Management Course?

Students who have completed the Class 12th or equivalent examination will be eligible for the IGNOU's diploma programme. The course duration ranges from one to three years.

The program targets both urban and rural youth, small and medium-sized entrepreneurs, farmers' associations, NGO staff, trainers, and forward-thinking farmers. IGNOU and ICMAI's joint effort aims to provide learners with tools for effective farm cost management, boosting agricultural productivity, and fostering the sector's growth.

What is the Objective of IGNOU Diploma in Agricultural Cost Management Course?

As per the statement made by IGNOU, the main goals of the program are efficient resource usage, mastery of knowledge and skills, and fostering entrepreneurial skills in farm cost, value chain, and supply chain management. 

The DACM program addresses the various requirements of students and professionals in agriculture, offering valuable insights and expertise for those engaged in agricultural advancement.

Earlier this year, IGNOU and ICMAI signed a MoU, solidifying their collaboration for this extensive educational initiative.

What is the Syllabus of IGNOU Diploma in Agricultural Cost Management Course?

The curriculum of IGNOU Diploma in Agricultural Cost Management comprises the following:

  • Fundamentals of Agriculture: Core comprehension of agricultural fundamentals and methodologies.
  • Organizational Backing for Agricultural Advancement: Overview of institutions aiding agricultural progress.
  • Cost Principles and Methodologies: Understanding and techniques for managing costs in agriculture.
  • Farm Cost Administration: Tactics for optimizing efficiency and profitability in farm practices.
  • Agricultural Entrepreneurship: Entrepreneurial facets of agriculture, equipping learners to oversee agricultural enterprises.
  • Management of Farmers' Producer Organizations: Skills in management and organization for proficient leadership in farmers' associations.

Additionally, students will be taught about farm accounting and costing, agricultural supply chain management, judicious land utilization, water management, and related agricultural tasks.

How to Apply for IGNOU Diploma in Agricultural Cost Management Admission 2024?

Step 1: Visit the official website @ignouadmission.samarth.edu.in

Step 2: Go to the Admission Window.

Step 3: Click on “New Registration”. Fill in the details.

Step 4: After successful registration, login with the credentials like username & password. Click on “Login”. Follow the further steps & complete the application process.

Frequently Asked Questions

Ques. What are some specific skills that learners will gain from the program?

Ans. Learners will gain skills in farm accounting, agricultural supply chain management, strategic decision-making, financial planning, and entrepreneurial capabilities in farm cost management.

Ques. How does the IGNOU Diploma in Agricultural Cost Management program cater to the diverse needs of students and professionals in the agricultural field?

Ans. The program offers valuable insights and skills for those interested in agricultural development, addressing the varied requirements of learners engaged in agriculture.

Ques. What are some potential career paths for graduates of the IGNOU Diploma in Agricultural Cost Management program?

Ans. Graduates may pursue careers in farm management, agricultural entrepreneurship, agricultural consulting, agricultural finance, and agricultural supply chain management.

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